API Group plc Company Profile (LON:API)

Analyst Ratings

Consensus Ratings for API Group plc (LON:API) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for API Group plc (LON:API)
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DateFirmActionRatingPrice TargetActions
12/8/2014Numis Securities LtdUpgradeBuyGBX 60View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for API Group plc (LON:API)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for API Group plc (LON:API)
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Dividends

Dividend History for API Group plc (LON:API)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
12/3/2014GBX 0.751.6%12/11/201412/11/20141/12/2015Tweet This Announcement  Share This Announcement on StockTwits
6/4/2014GBX 1.301.81%7/9/20147/9/20148/1/2014Tweet This Announcement  Share This Announcement on StockTwits
12/3/2013GBX 0.700.9%12/11/201312/11/20131/9/2014Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for API Group plc (LON:API)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for API Group plc (LON:API)
DateHeadline
03/25/15 05:24 PMSteel Partners Holdings L.P. And CoSine Communications, Inc. Announce The Close Of The Tender Offer Of Cedar 2015 Limited For The Shares Of API Group plc - [PR Newswire] - NEW YORK and LOS GATOS, Calif., March 25, 2015 /PRNewswire/ -- Steel Partners Holdings L.P. (NYSE: SPLP) ("SPLP") and CoSine Communications (Other OTC: COSN) today announced that the cash tender ...
03/16/15 04:01 PMCoSine Communications, Inc. Announces The Intent Of Its Wholly Owned Subsidiary Cedar 2015 Limited To Request API Group plc Cancel Its Admission To Trading On AiM - [PR Newswire] - LOS GATOS, Calif., March 16, 2015 /PRNewswire/ -- CoSine Communications, Inc. (Other OTC: COSN) ("CoSine") announced today that as of 1:30 pm, London time, on Monday, March 16, 2015, its wholly owned United Kingdom ("UK") subsidiary, Cedar 2015 Limited ("Cedar"), had received valid acceptances of its previously announced tender offer (the "Offer") for all the issued and to be issued ordinary shares of API Group plc (API.L) ("API") in respect of 32,800,903 shares of API, representing, in aggregate, approximately 42.7 percent of the existing issued share capital of API. Together with the 24,807,203 shares of API already owned by Cedar, Cedar now holds, or has received valid acceptances in respect of, 57,608,106 shares of API, representing, in aggregate, approximately 75.1 percent of the existing issued share capital of API. Sufficient acceptances having now been received under the Offer such that Cedar will hold in excess of 75 percent of the voting rights of API, Cedar has formally requested that API apply for the cancellation of its admission to trading on the AiM market of the London Stock Exchange.
03/05/15 04:00 PMCoSine Communications, Inc. Announces The Closing Of The Tender Offer By Its Wholly Owned Subsidiary Cedar 2015 Limited For Shares Of API Group Plc - [PR Newswire] - LOS GATOS, Calif., March 5, 2015 /PRNewswire/ -- CoSine Communications, Inc. (Other OTC: COSN) ("CoSine") announced today that the previously announced tender offer (the "Offer") of its wholly owned United Kingdom ("UK") subsidiary, Cedar 2015 Limited ("Cedar"), for all the issued and to be issued ordinary shares of API Group plc (API.L) ("API") will close to further acceptances at 1:00 P.M., London time, on Thursday, March 19, 2015, and, accordingly, no further shares of API will be accepted after such time. In addition, Cedar has confirmed that the Offer price of 60 pence per share of API share is final and will not be increased. As of 3:30 P.M., London time, on Wednesday, March 4, 2015, Cedar had received valid acceptances of the Offer in respect of 27,970,774 shares of API, representing, in aggregate, approximately 36.5% of the existing issued share capital of API. Together with the 24,807,203 shares of API already owned by Cedar, Cedar now holds, or has received valid acceptances in respect of, 52,777,977 shares of API, representing, in aggregate, approximately 68.8% of the existing issued share capital of API.
02/18/15 01:00 AMAPI Group plc: Publication of a Circular to Shareholders in Response to the Unsolicited Cash Offer for the Company by Cedar 2015 Limited ("Cedar") -
02/09/15 04:32 PMCoSine Communications, Inc. Announces The Tender Offer By Its Wholly Owned Subsidiary Cedar 2015 Limited For Shares Of API Group plc Has Been Declared Unconditional - [PR Newswire] - LOS GATOS, Calif., Feb. 9, 2015 /PRNewswire/ -- CoSine Communications, Inc. (Other OTC: COSN) ("CoSine") announced today its wholly owned United Kingdom ("UK") subsidiary, Cedar 2015 Limited ("Cedar"), has declared its previously announced tender offer (the "Offer") for all of the issued and to be issued ordinary shares of API Group plc (API.L) ("API") unconditional in all respects. As of February 6, 2015, Cedar had received valid acceptances of the Offer in respect of 22,780,966 shares of API which together with the 24,807,203 shares of API already owned by Cedar represent, in aggregate, not less than 62% in nominal value of the shares of API and of the voting rights attached to those shares. All conditions for completion of the Offer have now been satisfied or (where applicable) waived. The statements contained in this press release are made as at the date of this press release, unless some other time is specified in relation to them, and issuance of this press release shall not give rise to any implication that there has been no change in the facts set out in this press release since such date. Nothing contained in this press release shall be deemed to be a forecast, projection or estimate of the future financial performance of API, Cedar, SPLP or CoSine except where expressly stated.
02/05/15 10:14 AMAPI Group plc ("API" or the "Company") Response to Publication of Offer Document by Cedar 2015 Limited, an Indirect Subsidiary of Steel Partners Holdings L.P. for API - [Marketwired] - On 5 February 2015, Cedar 2015 Limited , an indirect subsidiary of Steel Partners Holdings L.P. , published the full terms and conditions of its cash offer of 60 pence per API share to acquire the entire ...
02/04/15 11:22 AMCoSine Communications, Inc. Announces Its Wholly Owned Subsidiary Cedar 2015 Limited Commences Tender Offer For Shares Of API Group plc - [PR Newswire] - LOS GATOS, Calif., Feb. 4, 2015 /PRNewswire/ -- CoSine Communications, Inc. (Other OTC: COSN) ("CoSine") announced today that its wholly owned United Kingdom ("UK") subsidiary, Cedar 2015 Limited ("Cedar"), has commenced a cash tender offer to acquire all of the issued and to be issued ordinary shares of API Group plc (API.L) ("API") not already owned by Cedar (the "Offer"). Pursuant to the previously announced contribution agreement, Cedar currently owns 24,807,203 API shares or approximately 32.3% of the outstanding shares of API. Upon the successful closing of the Offer, stockholders of API who tendered their shares in the Offer will receive 60 pence (approximately $0.91) per share, in cash, payable without interest and less any applicable taxes in accordance with the payment terms provided in the Offer Document (as defined below). The Offer, which is not subject to any due diligence or any financing contingency, is subject to customary UK conditions including the valid tender of sufficient API shares, which, when added to API shares owned by Cedar, constitute more than 62% of the total number of outstanding API shares (or such lower percentage not being less than 50% as Cedar determines).
01/28/15 01:27 PMCoSine Communications, Inc. Announces Intention Of Its Wholly Owned Subsidiary Cedar 2015 Limited To Make A Tender Offer For The Shares Of API Group plc - [PR Newswire] - LOS GATOS, Calif., Jan. 28, 2015 /PRNewswire/ -- CoSine Communications, Inc. (Other OTC: COSN) ("CoSine") announced today the intention of its wholly owned United Kingdom ("UK") subsidiary, Cedar 2015 Limited ("Cedar"), to acquire all of the issued and to be issued ordinary shares of API Group plc (API.L) not already owned by Cedar for 60 pence (approximately $0.91) per share (the "Offer"). Cedar currently owns 24,807,203 API shares or approximately 32.3% of the outstanding shares of API. If all of the issued and to be issued shares of API not already owned by Cedar are tendered into the Offer, the aggregate price for such shares is expected to be approximately £31.4 million ($47.6 million). The consideration payable under the Offer for tendered API shares will be funded from a combination of £9.2 million (approximately $14 million) in cash contributed to Cedar by CoSine and a $37 million loan from SPH Group Holdings LLC ("SPH"), an indirect wholly owned subsidiary of Steel Partners Holdings L.P. (SPLP) ("SPLP"), to Cedar as guaranteed by CoSine.
01/22/15 11:31 AMAPI Response to "Firm Intention to Make an Offer" -

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About API Group plc

API Group plc is a manufacturer and distributor of foils, films and laminates for use primarily in packaging for fast moving consumer goods and printed media. The Company's segments include Laminates, Foils Europe, Foils America and Holographics. It is a producer of carton board laminates for the packaging of consumer goods. Its product range includes metallised polyester and aluminium foil laminates and holographic and Fresnel lens finishes, which can be customized to fit specific printed graphics, as well as green options which are repulpable and biodegradable. It also makes functional laminates, such as microwave susceptor and fire retardants. Its products can be found across arrange of applications and sectors, including wines, beers and spirits, tobacco, personal care, food, greeting cards, vehicle licensing and number plates, passports and identity (ID), banknotes and financial cards. It operates in the United Kingdom, Rest of Europe, Americas, Asia Pacific and Africa.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: LON
  • Symbol: API
  • CUSIP:
Key Metrics:
  • Previous Close: $0.00
  • 50 Day Moving Average: $
  • 200 Day Moving Average: $
  • P/E Ratio:
  • P/E Growth:
  • Market Cap: $
  • Current Year EPS Consensus Estimate: $4.60 EPS
  • Next Year EPS Consensus Estimate: $N/A EPS
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